USA part 1 – ‘Boom’
What were the reasons for America's economic boom in the 1920s? #### plentiful resources, impact
of WWII, republican policies, mass production
Give an example of a plentiful resource #### abundant raw materials
Give 3 examples of raw materials #### coal, iron timber
Give an example of an impact of WWI #### economic boost from helping Allies rebuild
Therefore it is clear, (long term factors) #### The US economy was already robust before 1920,
making the boom possible
Link (The Boom) #### long term factors enabled short term factors
Give an example of a republican policy #### laissez-fare
Define laissez-faire #### The idea of government staying out of business affairs
What was the result of laissez faire? #### businesses free to grow quickly
Give an example of a mass production technique #### assembly lines
Why were assembly lines more efficient? #### workers became quicker/more skilled at 1 job
Give an example of where an assembly line was used #### Ford's Detroit factory
Therefore it is clear, (short term factors) #### A range of rapid development in the 1920s acted as a
catalyst for the boom